Some of Monday’s top business news stories:
The Associated Press
On Tax Day, an extension may be better than rushing a return, by Fatima Hussein
Congress seeks compromise to boost computer chip industry, by Kevin Freking
CNN
Twitter adopts ‘poison pill’ measure that could thwart Elon Musk’s takeover bid, by Clare Duffy
China’s economy had a good first quarter. Lockdowns leave it ‘in distress’, by Laura He
The Wall Street Journal
Small Businesses Object to Clawback of Covid-19 Aid, by Amara Omeokwe, Anne Steele and Natalie Andrews
Cutting-Edge Crypto Coins Tout Stability. Critics Call Them Dangerous, by Alexander Osipovich
CNBC
American Airlines’ new CEO vows reliability as massive peak travel season kicks off, by Leslie Josephs
Reuters
Bank of America beats profit estimates on strength in consumer lending
U.S. equity funds post biggest weekly outflow in four months
News about business journalism:
Quartz going against the grain by dropping paywall
Reuters video usage hits record high
Michigan business editor Nielsen is retiring
Washington Biz Journal sued for defamation
MarketWatch hires Ockerman for personal finance team
Verge’s Gartenberg departs for Google
Burns moves back to sports business beat at Morning Consult
Gregory named equities editor at Global Capital
Protocol’s Pierce hired by The Verge to co-host podcast
Minnesota paper hires business reporter
Fast Company health tech reporter Reader departs
SABEW offering five Sho Fellows for its conference
NJ.com hires Warren to cover cannabis
Jacksonville Biz Journal reporter Brown departs
Bloomberg Government hires Sheehey to cover ag and trade policy
